Unisys Corp 8-K, filed Oct 8, 2025
Unisys Corp (UIS)
8-K
2025-10-08
For: 2025-10-08
View Original
Added on
April 08, 2026
About this 8-K
Unisys Corp filed this 8-K on October 8, 2025.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT Pursuant to Section 13 or 15(d) | ||
of The Securities Exchange Act of 1934 | ||
Date of Report (Date of Earliest Event Reported): October 8, 2025
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of principal executive offices) (Zip Code) | ||
( | ||
(Registrant’s telephone number, including area code) | ||
N/A | ||
(Former name or former address, if changed since last report) | ||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
Emerging growth company | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
On October 9, 2025, Unisys Corporation will host a conference call at 2 p.m. EDT to educate investors about its ClearPath Forward® ecosystem. A copy of the presentation is furnished as Exhibit 99.1 to this Current Report.
The information in Item 7.01 of this Current Report is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any registration statement or other document filed under the Securities Act of 1933 or the Exchange Act, except as otherwise stated in such filing.
Item 9.01. Financial Statements and Exhibits
(d) | Exhibits: | ||||
Exhibit No. | Description | |||||||
| Presentation, dated October 9, 2025, of Unisys Corporation (Furnished, Not Filed) | ||||||||
| 104 | Cover page Interactive Data File (embedded within the Inline Extensible Business Reporting Language document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Unisys Corporation | ||||||||||||||
| Date: October 8, 2025 | By: | /s/ Debra McCann | ||||||||||||
| Debra McCann | ||||||||||||||
| Executive Vice President and Chief Financial Officer | ||||||||||||||
ClearPath® Forward Overview Chris Arrasmith Chief Operating Officer Sean Tinney SVP and GM Enterprise Computing Solutions Investor Presentation
Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Unisys cautions readers that the assumptions forming the basis for forward-looking statements include many factors that are beyond Unisys’ ability to control or estimate precisely, such as estimates of future market conditions and the behavior of other market participants. Words such as “anticipates,” “estimates,” “expects,” “projects,” “may,” “will,” “intends,” “plans,” “believes,” “should” and similar expressions may identify forward-looking statements and such forward-looking statements are made based upon management’s current expectations, assumptions and beliefs as of this date concerning future developments and their potential effect upon Unisys. There can be no assurance that future developments will be in accordance with management’s expectations, assumptions and beliefs or that the effect of future developments on Unisys will be those anticipated by management. Forward-looking statements in this presentation include, but are not limited to, any projections or expectations of revenue growth, margin expansion, investments in our solutions and artificial intelligence adoption and innovation, L&S revenue, economic conditions or performance. Additional information and factors that could cause actual results to differ materially from Unisys’ expectations are contained in Unisys’ filings with the U.S. Securities and Exchange Commission (SEC), including Unisys’ Annual Reports on Form 10-K and subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other SEC filings, which are available at the SEC’s web site, http://www.sec.gov. Information included in this presentation is representative as of the date of this presentation only and while Unisys periodically reassesses material trends and uncertainties affecting Unisys’ results of operations and financial condition in connection with its preparation of management's discussion and analysis of results of operations and financial condition contained in its Quarterly and Annual Reports filed with the SEC, Unisys does not, by including this statement, assume any obligation to review or revise any particular forward-looking statement referenced herein in light of future events, except as required by applicable law. Non-GAAP Information This presentation includes certain non-GAAP financial measures that exclude certain items such as postretirement expense; debt extinguishment, certain legal and other matters related to professional services and legal fees, including legal defense costs, associated with certain legal proceedings; environmental matters related to previously disposed businesses; and cost-reduction activities and other expenses that the company believes are not indicative of its ongoing operations, as they may be unusual or non-recurring. The inclusion of such items in financial measures can make the company’s profitability and liquidity results difficult to compare to prior periods or anticipated future periods and can distort the visibility of trends associated with the company’s ongoing performance. Management also believes that non-GAAP measures are useful to investors because they provide supplemental information about the company’s financial performance and liquidity, as well as greater transparency into management’s view and assessment of the company’s ongoing operating performance. Non-GAAP financial measures are often provided and utilized by the company’s management, analysts, and investors to enhance comparability of year- over-year results. These items are uncertain, depend on various factors, and could have a material impact on the company's GAAP results for the applicable period. These measures should not be relied upon as substitutes for, or considered in isolation from, measures calculated in accordance with U.S. GAAP. A reconciliation of these non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP can be found below except for financial guidance and other forward-looking information since such a reconciliation is not practicable without unreasonable efforts as the company is unable to reasonably forecast certain amounts that are necessary for such reconciliation. This information has been provided pursuant to the requirements of SEC Regulation G.
Sean Tinney SVP and GM Enterprise Computing Solutions Welcome and Agenda Modern Mainframe • ClearPath® Forward ecosystem • Modern features and capabilities Market Perspective • Industry corroboration • Results delivered Client Journey • Mission-critical partner • Integrated ecosystem Market Validity • CPF next-gen capabilities • CPF persistence
ClearPath® Forward – The Modern Ecosystem Unmatched reliability delivered with the agility and intelligence needed in a digital-first world Attribute Traditional Mainframe ClearPath® Forward Modern Ecosystem Business Impact Deployment On-prem only On-prem + cloud integration Optimized deployment and compute Security Architected for security, but siloed Strong encryption, zero-trust enabled, low vulnerability exposure Data stays safe—even from future cyber threats Data Integration Batch transfers, slow sharing Real-time streaming, hybrid integration Reduced data siloes and accelerated digital initiatives Speed Overnight batch processing with slow change cycles High-volume real-time transaction processing; faster updates Outpace competitors with faster transaction speed and insights Applications and Extensibility COBOL programs Mix of old and new apps, APIs for integration Faster innovation to respond to business needs Resiliency Backup sites, manual failover Active-active, near-zero downtime Always on—avoiding lost revenue, even during disasters Manageability Manual tasks, with significant operator training required Automated updates, some self-healing Anyone can manage or use it without being a mainframe expert Scalability Limited to hardware scaling Advanced virtualization and increased scalability Business agility—rapid innovation through improved data insights Artificial Intelligence None AI for analytics and system management Smarter, self-repairing systems drive innovation
Deployment Options* Today’s CPF runs seamlessly in AWS and Azure, a private cloud, or on traditional integrated systems., future-proofing investments for evolving deployment strategies. AB Suite® DataExchange ePortal ClearPath® Forward Portfolio Secure, scalable operating systems designed to protect and scale core business processes CPF Ecosystem Services for Optimal Results** Enterprise experts maximize business outcomes through a comprehensive range of services from technical support to hosting and running client environments. ClearPath® Forward Professional and Managed Services Application Environment** Evolve and enhance applications with capabilities ranging from sophisticated data analysis to modern development environments to updated user experiences. Unisys Applications Client Applications Partner Applications Public Cloud MS Azure or AWS Private Cloud VMware or bare-metal Pre-integrated Systems Unisys, on-prem, or co-lo hosted Value-added Solutions* The ecosystem includes solutions designed to support contemporary application development as well as data sharing to and from the CPF environment. Operating Environments The beating heart of the modern digital enterprise – secure, scalable operating environments designed for high volume transaction processing. CPF Operating Systems Designed for mission-critical workloads Continuously adapting and expanding Certified to run wherever the client needs Secure, high-speed and volume compute environments *License and Support (L&S) **Specialized Services and Compute (SS&C)
What is An Operating System? A software system that interfaces between users and hardware to execute programs Designed for mission-critical workloads Continuously adapting and expanding Certified to run wherever the client needs Secure, high-speed and volume compute environments What is CPF? EcosystemInterface Layers Personal Operating Systems Commercial Unisys Proprietary Unique OS drives a seamless and contained end-to-end interaction Performative and secure environment CPF systems are ingrained in business processes Why CPF? Users Applications Operating System Infrastructure Integrated System
ClearPath® Forward Delivers – Every Day, Around the Globe Global leaders depend on CPF security and stability for critical transactions Enterprise Business Demands 0% Compromised user data - NIST $56.4T Annual US Interbank payments processed 70% Mortgage loans processed in Brazil 15% Global market share of air waybills processed7M Air waybills processed in 2024 100M Voicemail boxes in EMEA 1M 1 million transactions per minute 99.999+% availability for maximum uptime Client Outcomes Achieved All Verticals Travel and Transportation Financial Institutions Telco +700M Airline passengers processed in 2024 Regulated and Sensitive Workloads • Security regulations • Tax payments, Medical testing Volume Transaction Processing • Large-scale, flawless processing requirements • Airline reservations, Telco call completion Batch Processing • High-volume, quick turn processing needs • Check clearing, Bank transactions
On-premises Private Cloud Public Cloud Hybrid Cloud What Are Deployment Options? The various methods used to connect to applications, services, or APIs Deployment Options Today’s CPF runs seamlessly in AWS and Azure, a private cloud, or on traditional integrated systems, future- proofing investments for evolving deployment strategies. Unisys Environment Considerations Scalability Security Compliance Control Enterprise owned and managed Hosted on managed cloud environment Hosted on a private cloud environment Hosted on combined on- prem and cloud environment Performance Cost
What Are Application Environments? User-defined collections of resources that host applications Unisys Applications The CPF ecosystem includes solutions to support contemporary application development and data sharing to and from the environment. Applications Environment Evolve and enhance applications with capabilities ranging from sophisticated data analysis to modern development environments to updated user experiences. Client Applications Client applications include software applications written and maintained by the enterprise. Partner Applications Third-party applications are ancillary applications created outside of the environment that can be introduced into the secure environment.
What Are the Unisys Value-added Solutions? Value-added solutions support application development and data sharing ePortal ePortal connects an enterprise’s existing CPF applications and data with internal and external business processes, bringing innovative solutions and experiences to new markets, channels, partners, and customers. DataExchange Unisys DataExchange is data integration software designed to help organizations address internal and external access demands including mobile demand, digital channel development, regulatory compliance, business process integration, and more. AB Suite® Unisys Agile Business Suite is a low-code development platform for mission-critical solutions that support designing, developing, generating, and maintaining highly available, high-performance, enterprise- class applications. Value-added Solutions* The ClearPath® Forward ecosystem includes solutions designed to support contemporary application development as well as data sharing to and from the CPF environment. *License and Support (L&S)
What Are Services? A range of offerings that enhance an enterprise via expertise, support, or hosting services Services for Optimal Results Enterprise experts maximize business outcomes through a comprehensive range of services from technical support to hosting and running client environments. ClearPath® Forward Professional and Managed Services** Application Modernization Services Build a clear, actionable strategy to evolve applications that deliver continual value to clients without disruption. • Maximum value through current applications • Initiate growth through analysis • Transform within an agile, secure environment Technology Consulting Services Create an implementation plan to maintain unparalleled data integrity while developing plans to leverage new technologies. • Capitalize on cutting-edge capabilities • Differentiate using performance metrics • Elevate deployment with configuration optimization Managed Services and Outsourcing Infrastructure and application managed services and support to address shifting priorities, empower internal resources, and leverage resources to support business goals. • Optimize business goals to maintain differentiation • Access Unisys resources to augment innovation • Leverage Unisys network to bolster workforce **Specialized Services and Compute (SS&C)
Deployment Options* Today’s CPF runs seamlessly in AWS and Azure, a private cloud, or on traditional integrated systems., future-proofing investments for evolving deployment strategies. AB Suite® DataExchange ePortal ClearPath® Forward Portfolio Secure, scalable operating systems designed to protect and scale core business processes CPF Ecosystem Services for Optimal Results** Enterprise experts maximize business outcomes through a comprehensive range of services from technical support to hosting and running client environments. ClearPath® Forward Professional and Managed Services Application Environment** Evolve and enhance applications with capabilities ranging from sophisticated data analysis to modern development environments to updated user experiences. Unisys Applications Client Applications Partner Applications Public Cloud MS Azure or AWS Private Cloud VMware or bare-metal Pre-integrated Systems Unisys, on-prem, or co-lo hosted Value-added Solutions* The ecosystem includes solutions designed to support contemporary application development as well as data sharing to and from the CPF environment. Operating Environments The beating heart of the modern digital enterprise – secure, scalable operating environments designed for high volume transaction processing. CPF Operating Systems Designed for mission-critical workloads Continuously adapting and expanding Certified to run wherever the client needs Secure, high-speed and volume compute environments *License and Support (L&S) **Specialized Services and Compute (SS&C)
70%+ of Fortune 500 companies operate on mainframes 70%+ Market Outlook Unisys Outlook IDC Perspective Resilience Speed Scale Security Provides unmatched uptime for enterprise workloads Delivers the power and performance needed for time-critical workloads Supports massive operations, high-volume applications Sets the standard for secure operations, data security Foundational Capabilities Innovation AI AI embedded into the CPF ecosystem to unlock data value and streamline operations Continuous Dynamic Workloads Optimize revenue and operations with pro-active resilience, eliminating the need for planned stops Hybrid Computing Strategic Focus CPF will be a secure, stable platform underpinning the quantum world – positioning the offering for long-term growth R&D Focus R&D investments align with market goals of growth and strategic relevance in a post- quantum world, with a focus on extensibility, interoperability, speed, and scale People Focus Alignment of market goals with technical skill sets ensures the right expertise and insights to power our market vision ClearPath 2050 Commitment IDC Perspective, Mainframe Still Plays a Critical Role in Financial Services, #US52951525, March 2025 ClearPath® Forward—Today and Tomorrow Mainframes play a vital, global role in revenue-driving transactions—today and in the future 90%+ of Fortune 500 Financial Institutions operate on mainframes 90%+ Mainframes support 95% of worldwide non-cash transactions 95% Provide enterprise agility through options to run traditional, HPC, and quantum workloads within the CPF ecosystem By 2030, mainframe end users will increase by 30% compared to 2024, due to sovereignty, deglobalization, and energy constraints 30% Gartner Perspective Market Guide for Mainframe and Legacy System Professional and Managed Services, Gartner, #G00818786, October 2024 Post Quantum Security Proactively incorporating quantum resistant security features to address the coming security risks posed by quantum computing to ensure client environments stay secure
ClearPath® Forward Service Journey – Cruise Line Partnering with an industry leader to support a remarkable growth journey Objectives • Support aggressive growth and expansion goals • Increase efficiency and operational productivity • Deliver rapid and secure data across complex, global environment Solutions • CPF Solutions – Secure, resilient, and performative processing • DataExchange – Unlocking the value of CPF data • ePortal – Connecting applications and devices to the data sources Results Past Present Future 1972 1 Used Ship 1 Port 2024 29 Ships 2027-2033 +5 Ships + Private Island Ports19 Countries 1,500 Annual Voyages 12.5M Annual Guests 90K Employees Port Attractions Ship Activities POS Amenities • Security - Secure database architecture to operate critical infrastructure – backup and DR • Scalability - Exceptional processing speeds and scalability to manage global reservations • Profitability - Seamless data synchronization for real-time pricing analysis to maximize revenue • Flexibility - Accessible, data-driven processing to manage database interfaces and complex booking and search functionality • Capability - Operating capabilities across shore, ship, port, destination, and online access points • Possibility - A nearly half-century partnership, driving business expansion and enhancing consumer experiences 1979 Partner with Unisys
Traveler Mobile Web Agency Direct Query Options Destinations Ships Dates Room Type Price Selection Messaging Register Payment Welcome Details Travel Upsell Set Sail Onboard Messaging POS Purchases Post-sail Interaction Schedules Services Amenities Excursions Surveys Offers Specials DealsDeparture System Touchpoints – Cruise Line CPF System of Record ePortal System of Engagement DataExchange System of Reference Cloud and AI Capabilities System of Integration Key • Houses IP process • Maintains the business • Manages customer PII • Create account • Apply for services • Manage account • Data warehouse • Data analytics • Data replication • API gateway to cloud apps • Customer-facing services • Data review capabilities
System Touchpoints – Mortgage Processing Origination Settlement Servicing Application Documentation and Review Underwriting Securitization and Contracting Funding Loan Management Customer Service and Support Closure Lead Generation Documentation Verification Property Valuation Provide Contract Offer Loan Disbursement Loan Structuring and Modifications Customer Inquiries Default Management Customer Engagement KYC and Fraud Assessment Credit Review Obtain Acceptance Fees and Receipt Post-funding Reviews Issue Support and Management Refinance Application Management Application Decision Pledge Collateral Collateral Re-evaluation Foreclosure Audit and Risk Management Manage Invoice and Payments Discharge CPF System of Record ePortal System of Engagement DataExchange System of Reference Cloud and AI Capabilities System of Integration Key • Houses IP process • Maintains the business • Manages customer PII • Create account • Apply for services • Manage account • Data warehouse • Data analytics • Data replication • API gateway to cloud apps • Customer-facing services • Data review capabilities
ClearPath® Forward Why is ClearPath® Forward So Persistent? Replicating the CPF environment is costly and introduces significant migration risks Migration Challenges Mission-critical Platform Powers the most demanding, mission-critical business processes that delivers unmatched reliability, security, and performance where downtime is not an option Continuous Innovation Constantly evolving, with new features, integrations, and support for modern programming languages, AI, quantum, and cloud deployment options Expanding Ecosystem Easier to integrate with client environments, cloud services, third-party tools, allowing clients to accelerate digital initiatives Simplified Management Modern system tools and automation make it easier to administer and maintain the platform Embedded Processes Deeply integrated into client workflows, creating seamless alignment between business and the technology With migration failures commonplace, successful migrations typically take over a decade to complete with no guarantee of replicating the security, performance, scalability, and resilience of the CPF modern ecosystem. Application Modernization Rarely matches reliability and performance of original environment and often requires costly rewrites, loss of embedded business logic, and significant risk of operational disruption Data Migration Requires restructuring to maintain security, speed, and integrity which can be costly and introduce vulnerabilities or disrupt business continuity Infrastructure Integration Migration often integrating multiple platforms and technologies, increasing integration complexity and operational overhead Program and Change Management Costs Demand significant time, resources, and budget, typically exceeding estimates and delivering uncertain returns while also requiring clients to fundamentally reengineer embedded business processes Business and Security Risk Introduces operational risk, potential data loss, compliance gaps, and new security vulnerabilities Run Costs Typically, more expensive to replicate ClearPath® Forward’s built-in efficiency, resilience, and optimized workload management
CPF 2050 Long-term Roadmap ClearPath® Forward – Future-state Roadmap Roadmap Capabilities Client Impact Deployment Run anywhere—dynamic deployment with elastic scaling Ensures optimal resource utilization and cost efficiency, aligning infrastructure with operations Security Built-in zero-trust, quantum-safe, AI-driven threat detection Preserves brand and trust – data stays safe, even from future cyber threats Data Integration Unified data fabric, privacy-preserving analytics Provides strategic edge by enabling secure, real-time insights across the data landscape without compromising privacy Speed Instant processing, predictive automation, continuous delivery Able to outpace competitors in a landscape where instant outcomes and rapid execution define market leadership Applications and Extensibility AI-ready, cloud-native, low-code tools, along with Java or Python development Accelerate innovation while reducing development barriers and time-to-market Resiliency Autonomous failover, cross-cloud recovery Uninterrupted business operations, protecting revenue even during unexpected disruptions Manageability AI-driven, self-healing, predictive maintenance Manage complex environments without deep mainframe expertise and minimizing downtime before it happens Scalability Scalable across cloud, HPC, and quantum with AI optimization Confidently run the largest, most complex workloads without compromise across an optimized compute environment Artificial Intelligence AI everywhere—operations, security, apps Unlock faster growth with fewer resources - reducing costs, accelerating innovation, improving decisions, and minimizing risk Improve performance and drive modernization without the cost, complexity, or risk of a services journey
Chris Arrasmith Chief Operating Officer Key Takeaways Modern Mainframe • ClearPath® Forward ecosystem • Modern features and capabilities Market Perspective • Industry corroboration • Results delivered Client Journey • Mission-critical partner • Integrated ecosystem Market Validity • CPF next-gen capabilities • CPF persistence
unisys.com © 2025 Unisys Corporation. All rights reserved. The material in this document reflects information available at the point in time at which this document was prepared as indicated by the date in the document properties. This content is provided for general information purposes only, does not take into account the reader’s specific circumstances, and is not intended to be used in place of consultation with our professional advisors. Unisys disclaims, to the fullest extent permitted by applicable law, any and all liability for the accuracy and completeness of the information in this document and for any acts or omissions made based on such information. All brands and products referenced in this document are acknowledged to be trademarks or registered trademarks of their respective owners.
Appendix
Financial View 69% 31% ECS REVENUE - 2024 ($628M) License and Support (L&S) Specialized Services and Compute (SS&C) $0 $100 $200 $300 $400 $500 2023 2024 2025E Initial Forecast Amount Over Forecast $429M $432M $430M L&S Revenue Trends • Revenue will fluctuate based on renewal cycles • 3-year average starting 2026 is estimated to be ~$400M • Overall annual client retention is ~95%* • 2023-2025 we have been able to offset client attrition by increasing wallet share at remaining clients** • L&S average Gross margin is ~70% ECS 2024 Revenue • L&S made up 69% of ECS business • SS&C made up 31% of ECS business, and includes services in the areas of Professional and Managed Services, Industry Solutions, and Business Process Outsourcing • ECS 2024 Gross margin was 58% *Based on clients representing the top 90% of revenue **Accomplished through deal structure, client increased consumption, the sale of additional hardware, & pricing LICENSE & SUPPORT (L&S) REVENUE TREND
Data Taken: October 6, 2025 This chart was developed by Unisys and represents Unisys’ interpretation of publicly available NIST data in the National Vulnerability Database which has compiled vulnerabilities since 1997. National Vulnerability Database ClearPath® Delivers – Security Unparalleled data security as recognized and reported by NIST NATIONAL VULNERABILITY DATABASE Operating System Number of Vulnerabilities Date of Last Vulnerability Compromised User Data Unisys ClearPath® OS 2200 0 - No Unisys ClearPath® MCP 5 01/12/2022 No OpenVMS 39 01/28/2020 Yes IBM z 44 08/14/2025 Yes IBM i 101 08/14/2025 Yes HP-UX 478 08/14/2025 Yes Oracle Solaris 747 08/14/2025 Yes IBM AIX 780 08/14/2025 Yes Unix® 783 10/02/2025 Yes Windows 13,036 10/03/2025 Yes Linux 15,849 10/04/2025 Yes
License & Support (“L&S”) and Excluding License & Support (“Ex-L&S”) Revenue & Gross Profit $M 1Q23 2Q23 3Q23 4Q23 FY 23 1Q24 2Q24 3Q24 4Q24 FY 24 1Q25 2Q25 L&S REVENUE $ 136.9 $ 80.8 $ 67.1 $ 144.3 $ 429.1 $ 93.2 $ 82.1 $ 104.5 $ 151.7 $ 431.5 $ 71.1 $ 87.6 EX-L&S REVENUE 379.5 396.0 397.5 413.3 1,586.3 394.6 396.1 392.5 393.7 1,576.9 361.0 395.7 REVENUE $ 516.4 $ 476.8 $ 464.6 $ 557.6 $ 2,015.4 $ 487.8 $ 478.2 $ 497.0 $ 545.4 $ 2,008.4 $ 432.1 $ 483.3 L&S GROSS PROFIT $ 106.5 $ 52.4 $ 39.6 $ 112.8 $ 311.3 $ 64.8 $ 55.7 $ 74.7 $ 113.1 $ 308.3 $ 43.3 $ 60.3 EX-L&S GROSS PROFIT 52.5 63.4 55.7 68.4 240.0 71.2 74.2 70.3 61.9 277.6 64.2 69.7 GROSS PROFIT $ 159.0 $ 115.8 $ 95.3 $ 181.2 $ 551.3 $ 136.0 $ 129.9 $ 145.0 $ 175.0 $ 585.9 $ 107.5 $ 130.0 L&S GROSS PROFIT MARGIN 77.8% 64.9% 59.0% 78.2% 72.5% 69.5% 67.8% 71.5% 74.6% 71.4% 60.9% 68.8% EX-L&S GROSS PROFIT MARGIN 13.8% 16.0% 14.0% 16.5% 15.1% 18.0% 18.7% 17.9% 15.7% 17.6% 17.8% 17.6% GROSS PROFIT MARGIN 30.8% 24.3% 20.5% 32.5% 27.4% 27.9% 27.2% 29.2% 32.1% 29.2% 24.9% 26.9%
Definitions Industry Terms Acronym Definition Application Programming Interface API A set of protocols, routines, and tools for building software and applications Artificial Intelligence AI Enables machines to perform tasks; learn from data, recognize patterns, make decisions, solve problems Disaster Recovery DR Practices designed to prevent or minimize data loss and disruption after catastrophic events Intellectual Property IP Intangible assets owned by a company that differentiate a business such as inventions, literary works, designs, and so on Million Instructions Per Second MIPS A metric used to measure the performance of a computer processor, the higher the number, the faster the processor Operating System OS A software system that manages computer hardware and software resources Personally Identifiable Information PII Data that can be used to identify an individual either directly (SSN) or indirectly (address) when combined with other data Post-quantum Cryptography PQC The development of algorithms that are secure against attacks by quantum computers Proprietary Information PI Confidential data owned by a company that provides a competitive advantage (trade secrets, business strategies, etc.) Unisys-specific Terms Definition AB Suite® Agile Business Suite is a low-code development platform for mission-critical solutions ClearPath® An environment of hardware solutions and software services that support business operations and workloads delivering unmatched security, scalability, reliability, capacity, availability, and data integrity ClearPath® Forward (CPF) ClearPath® Services Hardware solutions – system of record – Dorado, Libra, MCP, OS 2200 Software solutions – applications focused to advise, evolve, implement, and manage DataExchange A data integration system that enables data replication and transformation Endurance A responsible program for talent growth and sustainability that creates an AI-led approach for the continuous learning of complex technologies to shorten learning curves, upskill, cross train resources, and reduce reliance on isolated subject matter experts ePortal Allows application integration with cloud and microservices environments OS 2200 Developer Studio A complete development and text workspace to create, modernize, and maintain applications in CPF processing environments